Browsing Tag
Oil
149 posts
Demand For US Dollar Rises, Oil Companies Say No To Local Currencies
Oil refiners around the world are now demanding the US dollar for payment settlements and not local currencies.…
BRICS Buying Oil From Russia is Perfectly Legal, Says Source
The US imposed sanctions on Russia in February 2022, limiting its imports and exports to cripple its economy.…
India Leaving BRICS Buzz: Rubio Slams Oil Deal, US-India Tensions Rise
India leaving BRICS has actually become quite a hot topic as tensions between New Delhi and Washington reach…
Targeting BRICS: How US-NATO Sanctions Use Energy to Corner China & India
US-NATO sanctions on BRICS are actually being used right now as a strategic weapon that’s targeting the alliance’s…
De-Dollarization Fails as US Forces India & Russia Pay Dirhams for Oil
To bolster the de-dollarization agenda, India and Russia signed a pact to settle oil and gas payments in…
Greek Minister Warns Hormuz Blockade Risks Global Trade
A Hormuz blockade could trigger the worst global trade disruption in decades, and right now, Greece’s shipping minister…
BRICS Moves From US Dollar Debt to RMB Bonds as Japan Buys Russian Oil
The BRICS alliance has catalyzed a significant shift away from US dollar debt and toward RMB bonds, and…
BRICS: The Global Bombshell That Shifts Power Away From the West
BRICS power shift has catalyzed a critical turning point as the expanded alliance now includes Saudi Arabia, Iran,…
BRICS: Demand For US Dollar Grows in Oil Payments, Local Currency Dips
BRICS tried to convince other countries to ditch the US dollar and use local currencies for oil payments…
After Gold, China Begins Stockpiling Oil: Here’s the Reason
After buying tonnes of gold worth billions since 2022 and diversifying their assets in the central bank, China…